# Panamax Freight Rates Hit Two-Month Low

> The Baltic Panamax index fell about 2% to 2,109 points on October 23, its lowest since August 24. The broader Baltic Dry Index ended the week about 5.9% higher despite a daily dip.

- Date: 2026-10-26 · published 2026-10-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/17246-panamax-freight-rates-hit-two-month-low
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower Panamax rates ease freight costs for grain and coal importers, but the wider dry bulk market remains firm, so the signal for ocean grain freight is mixed.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- maritimegateway.com: https://www.maritimegateway.com/panamax-freight-rates-two-month-low/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.